The Crypto Scandal Is Missing a Secret Ingredient

Dec 9 2022 by POLITICO - TOP Stories

 

To most people, the implosion of the cryptocurrency marketplace FTX seems like an emblematic 21st century imbroglio, replete with indecipherable technological and financial jargon. But to Washington good-government advocates watching the political fallout this month, it also points to something that feels distinctly retro: A bipartisan Beltway scandal.

Writ large, the Washington aspect involves the speed with which the crypto industry managed to insinuate itself at the nexus of...

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